How many participants are in COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES?

At the end of 2001, COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES reported 294 plan participants.

What are the investment options in COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES?

MyPlanIQ tracks the investment lineup for COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES on its investment options page: https://www.myplaniq.com/invest/planinvestments/community-newspaper-inc-retirement-plan-for-employees/

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Q: What is COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES's employer match?

In 2001, COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES reported $123,488 in employer contributions. That is about 24.7% of reported employee contributions.

Q: When was COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES established?

COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES was established in 1992.

COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES

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Contribution & Savings

COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES Average Participant Retirement Account Value

In 2001, the average participant retirement account value for COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES is $12,311.00

COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES Estimated Average Employee Contribution Amount

In 2001, the estimated average employee contribution amount per participant for COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES is $3,405.00. If you contribute an amount exceeding this, you have saved more than your colleagues. Congratulations! Keep up the good work. Otherwise, you might want to consider contributing more to ensure a better retirement future.
217,929.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 3,405.00 in COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES, assuming a 10%* annual return.

2023 & 2024 401(k) contribution limits by IRS

	Pretax and roth employee contributions	Employee and employer contributions combined	Catch-up contributions (in addition to the employee and employer combined limit, age 50 and over)
401(k) contribution limit for 2023	$22,500	$66,000	$7,500
401(k) contribution limit for 2024	$23,000	$69,000	$7,500

$1,440,056: this is the amount you will have saved 20 years later if you contribute the maximum of $22,500 annually for 20 years, assuming a 10%* annual return.

$4,224,165: for those who can maximize employee and employer annual $66,000 contributions for 20 years, assuming a 10%* annual return, you will be 3 times richer!

Use the 401(k) Savings Calculator to determine how much your contributions will accumulate over time.

Keep researching COMMUNITY NEWSPAPER INC. RETIREMENT PLAN FOR EMPLOYEES

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